Nature’s Sunshine Products, Inc. $NATR Holdings Lifted by Kennedy Capital Management LLC

Kennedy Capital Management LLC raised its holdings in Nature’s Sunshine Products, Inc. (NASDAQ:NATR) by 37.2% in the second quarter, Holdings Channel.com reports. The fund owned 589,636 shares of the company’s stock after acquiring an additional 160,002 shares during the period. Kennedy Capital Management LLC’s holdings in Nature’s Sunshine Products were worth $8,721,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of NATR. MTM Investment Management LLC purchased a new position in shares of Nature’s Sunshine Products in the second quarter worth approximately $30,000. Williams & Novak LLC acquired a new stake in Nature’s Sunshine Products during the 2nd quarter valued at $155,000. Russell Investments Group Ltd. raised its position in Nature’s Sunshine Products by 351.2% during the first quarter. Russell Investments Group Ltd. now owns 12,398 shares of the company’s stock valued at $156,000 after buying an additional 9,650 shares during the period. Jane Street Group LLC acquired a new position in Nature’s Sunshine Products during the first quarter valued at $174,000. Finally, Los Angeles Capital Management LLC purchased a new stake in Nature’s Sunshine Products in the 2nd quarter worth about $221,000. Hedge funds and other institutional investors own 79.40% of the company’s stock.

Insider Buying and Selling at Nature’s Sunshine Products

In other Nature’s Sunshine Products news, EVP Daniel C. Norman sold 8,884 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $20.46, for a total value of $181,766.64. Following the completion of the sale, the executive vice president owned 66,636 shares of the company’s stock, valued at $1,363,372.56. The trade was a 11.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Nathan G. Brower sold 3,800 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $20.81, for a total value of $79,078.00. Following the sale, the executive vice president owned 46,735 shares of the company’s stock, valued at approximately $972,555.35. This trade represents a 7.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 17,684 shares of company stock worth $363,095 over the last three months. Corporate insiders own 4.70% of the company’s stock.

Nature’s Sunshine Products Stock Performance

NASDAQ:NATR opened at $21.17 on Friday. The company has a market capitalization of $370.48 million, a P/E ratio of 26.14 and a beta of 0.98. The stock’s 50 day moving average price is $16.88 and its 200 day moving average price is $16.01. Nature’s Sunshine Products, Inc. has a 52 week low of $11.01 and a 52 week high of $21.64.

Nature’s Sunshine Products (NASDAQ:NATR) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.18 by $0.18. The company had revenue of $88.99 million for the quarter, compared to analyst estimates of $119.39 million. Nature’s Sunshine Products had a net margin of 3.18% and a return on equity of 10.86%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Nature’s Sunshine Products in a research report on Monday. DA Davidson upped their price objective on shares of Nature’s Sunshine Products from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.50.

Nature’s Sunshine Products Company Profile

Nature’s Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.